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202 40th St

Oak Island, NC 28465

3 bd 2 ba 1,609 sqft Built 1968 Lot 8,712 sqft single_family
Most recent sale
$615,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2025 Sold $675,000 HiveMLS
Nov 4, 2025 Relisted $719,000 HiveMLS
Sep 27, 2025 Listed $719,000 HiveMLS
Aug 4, 2022 Sold $615,000 MLS #100332526
Jun 17, 2022 Price changed $649,900 MLS #100332526
Jun 8, 2022 Listed $749,900 MLS #100332526
Feb 5, 2016 Listing removed $198,000 NCRBrunswick
Feb 3, 2016 Listing removed $198,000 NCRBrunswick
Jul 3, 2015 Listing removed $207,000 NCRBrunswick
Jul 2, 2015 Sold $198,000 Public Record
May 28, 2015 Price changed $207,000 MLS #685259
Apr 14, 2015 Price changed $212,000 MLS #685259
Aug 2, 2014 Listed $219,900 MLS #685259
Jul 30, 2014 Listed $207,000 MLS #20685259
Feb 28, 2014 Sold $110,000 MLS #2196903
Feb 5, 2014 Listing removed $135,000 NCRBrunswick
Feb 4, 2014 Listing removed $135,000 NCRCapeFear
Dec 12, 2013 Listed $135,000 MLS #20678983
Jun 27, 2011 Listing removed $149,900 NCRBrunswick
Mar 15, 2011 Price changed $149,900 MLS #654641
Feb 10, 2011 Listed $159,900 MLS #654641
Sep 8, 2005 Sold $300,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $369,360 $165,000 $534,360 $2,041
2024 $369,360 $165,000 $534,360 $2,241
2023 $369,360 $165,000 $534,360 $2,241
2022 $162,040 $63,000 $225,040 $1,361
2021 $162,040 $63,000 $225,040 $1,331
2020 $141,880 $63,000 $204,880 $1,201
2019 $141,880 $63,000 $204,880 $1,201
2018 $160,750 $40,000 $200,750 $1,179
2017 $160,750 $40,000 $200,750 $1,179
2016 $160,750 $40,000 $200,750 $1,154
2015 $160,750 $40,000 $200,750 $1,154
2014 $73,816 $45,000 $118,816 $673
2013 $73,816 $45,000 $118,816 $673
2012 $73,820 $45,000 $118,820 $673
2010 $80,990 $135,000 $215,990 $807
2009 $80,990 $135,000 $215,990 $807
2008 $80,990 $135,000 $215,990 $707

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,609 sqft
Lot size
8,712 sqft
ZIP code
28465
City
Oak Island
Street
40th St
Coordinates
33.91642, -78.12111

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,172
Gross rental yield
4.24%
Implied cap rate
2.75%
Trend-extrapolated value

Frequently asked questions

When did 202 40th St last sell?
202 40th St most recently sold on Aug 4, 2022 for $615,000.
What is the current tax assessment for 202 40th St?
The most recent total assessment for 202 40th St (year 2025) is $534,360 with $2,041 in property tax.
How does 202 40th St's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $615,000.
When was 202 40th St built?
202 40th St was built in 1968.
How does 202 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 202 40th St?
202 40th St is a 3 bed, 2 bath, 1,609 sqft, 8,712 sqft lot single_family.
Is 202 40th St a flip candidate?
No — 202 40th St does not appear in our flips dataset.
Is 202 40th St a tax-appeal candidate?
No — 202 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$756.7K
2026 Q4
$765.6K
ZIP 28465 — Median Price History + Forecast

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